18:13:03 EDT Fri 08 May 2026
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Restart Life Sciences Corp (2)
Symbol HEAL
Shares Issued 59,252,354
Close 2026-05-07 C$ 0.095
Market Cap C$ 5,628,974
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Restart Life expands operations team

2026-05-08 16:45 ET - News Release

Mr. Steve Loutskou reports

RESTART LIFE SCIENCES STRENGTHENS OPERATIONAL INFRASTRUCTURE TO SCALE "BETTER-FOR-YOU" PORTFOLIO

Restart Life Sciences Corp. has strategically expanded its internal operations team as the company accelerates the scaling of its better-for-you functional food and consumer packaged goods (CPG) portfolio.

To support its growth trajectory, the company has added a specialized project manager to its internal leadership team. Reporting directly to the chief executive officer, this role serves as the central "command hub" for the execution of strategic initiatives across the entire Restart Life brand portfolio, including its flagship subsidiary, Holy Crap Foods Inc.

The project manager's mandate encompasses the full life cycle of brand and product evolution, ensuring that executive vision is translated into measurable market success. Key areas of oversight include:

  • Brand and new product development (NPD): managing the end-to-end pipeline for product innovation, from initial concept and formulation to packaging design and commercialization, for Holy Crap and upcoming CPG products;
  • Strategic launch management: co-ordinating cross-functional "go-to-market" plans to ensure seamless retail and e-commerce rollouts across the Restart Life umbrella;
  • Omnichannel marketing and social media: orchestrating a comprehensive digital strategy specifically focused on enhanced social media outreach for Holy Crap and the company's growing CPG line. This includes driving deeper consumer engagement and providing robust brand education to highlight the functional benefits and diverse uses of the company's functional food products;
  • Press and communications management: streamlining internal and external communications, including the management of press cycles and media relations to ensure consistent brand messaging across the portfolio.

By centralizing these critical functions, the project manager ensures that Holy Crap and all other current and future brands within the Restart Life family benefit from institutionalized processes, targeted digital marketing and the operational agility required to capture significant market share in the functional food sector.

This operational expansion follows the company's announcement on May 7, 2026, regarding the appointment of Lindsay Hamelin to the board of directors. The integration of specialized project management talent and enhanced board oversight are part of a continuing strategic transition and a comprehensive review of internal positions.

Restart Life is actively optimizing its internal structure to maximize operational efficiency and support its growth. This evolution of the company's human capital is a key component of a continuing strategic initiative to further align all corporate and operational resources with the core mission of scaling its health-focused product portfolio.

"We are gearing the company for growth," said Steve Loutskou, chief executive officer of Restart Life. "Following the addition of Lindsay Hamelin to our board earlier this week, the appointment of a dedicated project manager is a critical next step. This allows us to execute our day-to-day operations and brand marketing initiatives, particularly for Holy Crap and our expanding CPG pipeline with precision. We are currently reviewing all internal facets of the business to ensure we have the right team in place to build long-term shareholder value."

The company further announces that the company shall issue 1.6 million common shares to officers, directors and consultants of the company for certain performance milestones set out in consulting agreements relating to the successful acquisition of the companies first brand asset, company growth initiatives and market capitalization achieved through the end of 2025. The issuance of the shares is subject to the approval of the Canadian Securities Exchange. The shares shall be subject to a four-month-and-one-day hold period from the date of issuance under applicable Canadian securities laws.

The issuance of shares is considered to be a related party transaction within the meaning of Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions. The company has relied on the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 (and Policy 5.9) as the fair market value of the shares issued to such persons does not exceed 25 per cent of the company's market capitalization.

Restart Life Sciences would like to thank its shareholders for their continuing support as the company advances its mission and continues to execute on its strategy.

About Restart Life Sciences Corp.

Restart Life Sciences is a Canadian-based life sciences company listed on the Canadian Securities Exchange.

We seek Safe Harbor.

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